Google’s Quantum Leap: Exploring Opportunities For Savvy Investors

Summary:

• Alphabet’s diversification into new businesses is a key investment thesis, especially as its Search business faces global antitrust scrutiny.
• The company’s diversification into quantum computing shows promise for long-term growth.
• Alphabet’s superconducting quantum processor, Willow, crosses a key milestone in the development of quantum computers.
• Even if Google fails to develop a universal, fault-tolerant quantum computer, it could still use its learnings to create potentially lucrative short- and medium-term opportunities in niche applications.

My last two articles on Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) on May 3 and July 27, 2024, emphasized the company’s proficiency in Artificial Intelligence (“AI”) as a reason to invest in the stock. In an era in which its prime cash

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